Bitcoin liquidates over $1 billion as BTC price hits 6-week highs
The tally of “rekt” traders keeps mounting as Bitcoin revisits levels absent since September. Go to Source Powered by WPeMatico
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The tally of “rekt” traders keeps mounting as Bitcoin revisits levels absent since September. Go to Source Powered by WPeMatico
On October 25, the bitcoin mining operation Cleanspark announced that the firm’s hashrate now exceeds 5 exahash per second (EH/s), a milestone achieved more than two months ahead of the company’s original year-end goals. Cleanspark says it now aims to surpass 5.5 EH/s by the year’s end by increasing the miner’s hashrate goal by 10%. … Read more
BTC price action sees its highest levels since the start of October on the back of a broader risk asset rally. Go to Source Powered by WPeMatico
After little change last week and a slow start on Monday, Bitcoin and Ethereum prices are showing significant bullish momentum today, with BTC peaking above $20k and Ethereum rallying past $1,400. The global cryptocurrency market cap is up 3% today, currently at $957 billion. There’s no doubt that the markets are highly bullish today. Let’s … Read more
There is a limit of $999 every seven days for BTC transactions on the Lightning Network. Go to Source Powered by WPeMatico
Efforts to keep Bitcoin mining operations afloat may end up stressing the spot BTC price further lower. Go to Source Powered by WPeMatico
Dollar weakness shows instant results for BTC price strength, with local highs coming back in for a test. Go to Source Powered by WPeMatico
While the price of bitcoin has remained range bound and coasting along just above the $19K zone, over 60% of the bitcoin in circulation has not moved in a year or more. Moreover, there’s been very few transfers from bitcoins stemming from 2010, and it’s been more than two months since the last 2010 block … Read more
Bitcoin was trading lower in today’s session, after failing to break out of a key resistance level of $19,600. Bullish sentiment seemed to have returned to the market on Monday, however this momentum was short lived. Ethereum also fell in today’s session, but remained above its recent price ceiling. Bitcoin Bitcoin (BTC) moved lower on … Read more
There’s every reason to be bullish on BTC on shorter timeframes as months of volatility compression look set to stop. Go to Source Powered by WPeMatico